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Just looking for a little clarification on possible ways to use private money to purchase property. I am not looking for partners, I want to own 100% of the property.
Lets say I have 5 people committed to loan me ...
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Last week I broke down a deal for an investor of mine in the Chicago area so I wanted to break down another. Investor was buying a 3 unit. List price $199,900. Rental income $2500 ($1000/800/700).After back and forth...
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Good evening everyone!I have been a real estate investor since late 2016. I had started out in wholesaling but then starting into the flipping side of the business. In 2017 we have completed 9 deals which was a mix ...
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Anyone here know Homepath loan rules regarding owner-occupied when you already have income properties & 4 mortgages?
We recently moved for work, and want to purchase a Homepath Property to have the low 3% Owner O...
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Investment Info:
Single-family residence note investment investment.
Purchase price: $2,105,000
Cash invested: $2,105,000
Coastline Capital Fund 6, LLC raised $2,105,000 and closed to new investors o...
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I've heard it said that business income is handled differently than traditional earned employee income. Can someone explain this in an example for me? For example, how is $10k of earned employee income taxed dif...
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I think this should go in this forum... So, maybe it is a little desperate on my part but I could squeeze into this what appears to be a highly cash-flowing storage facility (actually 4 separate) in Trenton, NJ. It is...
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Has anyone been successful using a personal line of credit as down payment funds?
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I closed on my first property a few weeks ago and have somewhat run into a snag and would like some advice how to handle the situation. I now own a 3 flat in a good area in Chicago. The main large unit is rented out...
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Good Morning BP,I have a question about pooling money borrowed from private lenders.In my example, a real estate investor has 5 individuals who are going to lend 10k each for a total of 50k. How would the borrower ex...